u.s. economy news today
- ECONOMY
Craftsman Automation To Sell Shares At Rs 1,488-1,490 Apiece In IPO
Auto parts maker Craftsman Automation Ltd. will sell shares at Rs 1,488-1,490 apiece in its maiden offer next week, joining…
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Biryani To Noodles On The Menu Of India’s Largest Pizza Chain
India’s largest pizza chain is trying to cut reliance on its pies. Jubilant Foodworks Ltd., operator of Domino’s outlets, now…
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HDFC Life, ICICI Prudential Life, SBI Life Shares Gain On February Premium Growth
Shares of private life insurers gained as their individual weighted received premium improved. Weighted received premium — a measure of…
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Twitter Sues Texas Attorney General Over Probe After Trump Ban
(Bloomberg) — Twitter Inc. sued Texas Attorney General Ken Paxton to shut down an investigation of its moderation practices that…
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Coronavirus India Updates: Active Cases Decline; Daily Fatalities Lowest In 10 Months
India’s active cases of Covid-19 declined for the first time in a week, at a time the country’s vaccination drive…
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Behind The Rescue Of First Stalled Housing Project To Be Completed
How It Stalled In September 2018, after the IL&FS default, the real estate sector saw a liquidity freeze. “When the…
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PSU Sales Can Mitigate Global Risks For Indian Markets, Says Ashmore’s Ashwini Agarwal
While global bond yields and crude oil prices may be a cause for concern, successful execution of Prime Minister Narendra…
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UPL, FMC Corp Collaborate For Rynaxypyr Active Ingredient: Motilal Oswal Review
BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset…
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Private Insurers’ Individual Weighted Received Premiums Grow 23% In February; LIC Reports 9% Growth: Motilal Oswal
BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset…
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Bank-NBFC Co-Lending: An Idea Yet To Find Its Feet
Co-lending, a model touted by the Reserve Bank of India as a way for non-banking financial companies and housing financiers…
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Florida Cuts Vaccine Age to 60; Global Immunity: Virus Update
(Bloomberg) — U.S. coronavirus cases posted the slowest spread since the pandemic began almost a year ago. The Centers for…
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Banks Wrote-Off Rs 1.15 Lakh Crore In 9 Months Of FY21, Says Anurag Thakur
Banks have written off bad loans to the tune of Rs 1.15 lakh crore during the first three-quarters of the…
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Tata Motors Shareholders Approve Hiving Off Passenger Vehicle Business
Tata Motors on Monday said its shareholders have approved hiving off its passenger vehicles business into a separate entity. On…
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Digital Payments Face Hiccup As SMS Scrubbing Delays OTP Deliveries
A new piece of technology meant to scrub text messages caused severe problems for digital payments on Monday, with banks…
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Sify To Cover Vaccination Costs For Over 2,000 Employees, Family Members
Information and communications technology solutions provider Sify Technologies Ltd. on Monday said it will cover the vaccine cost for more…
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Performance Scorecard For February: ICICI Direct
BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset…
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‘Hey, Hey, Money Maker’: Inside the $156 Billion SPAC Bubble
(Bloomberg) — Whenever greed meets reality and giddy markets collapse, Wall Street pros usually admit that they sensed the end…
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Israel Builders Eye Rebound as Palestinian Laborers Get Vaccines
(Bloomberg) — Israel started to vaccinate Palestinian laborers who work inside its borders and in West Bank settlements on Monday,…
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Orcel vs Botin: Santander CEO Job Feud Heads for Madrid Showdown
(Bloomberg) — Andrea Orcel’s legal feud with Ana Botin shifts this week to a Madrid courtroom where he’ll seek redress…
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Alcoholic Beverages Industry Context Turning Favourable, Recovery To Follow: Anand Rathi
BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset…
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Is It Legal to Criticize the Communist Party in Hong Kong?
(Bloomberg) — Chinese lawmakers are set to approve an overhaul of Hong Kong’s election system during the annual session of…
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India Strategy Chartbook – The Eagle Eye: Motilal Oswal
BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset…
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Market Internals Do Not Indicate‘Risk Aversion’: ICICI Securities Weekly Memo
BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset…
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Zee TV Viewership Share In Prime-Time GEC Dips – BARC Data: ICICI Securities
BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset…
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Affle India – Navigating Privacy, Technology Challenges Will Be The Key: ICICI Securities Initiates Coverage
BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset…
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Amtek Auto Insolvency: To Be Continued…
Two rounds of bidding. Multiple litigations in four different courts. Two bidders with cold feet. An angry Supreme Court. This…
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India’s Daily Fliers Weekly Average Moderates To 2.64 Lakh: ICICI Securities
BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset…
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Cement Prices Rise; Earnings Upgrade To Continue: ICICI Securities
BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset…
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Government May Keep Large State-Owned Banks Under Its Control—BQ Exclusive
The Indian government may potentially look at privatising as many as six state-owned banks, with an eye on selling stake…
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Rupee And Bond Update – March 08, 2021: Reliance Securities
BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset…
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Marico Sets Up Noodle Fight With Nestle, ITC In Rs 9,000-Crore Market
Marico Ltd. want’s a piece of India’s growing instant noodles market, and the owner of Saffola is targeting the premium…
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A Hack Like This Could Start the Next World War
(Bloomberg Opinion) — It may be years before we get the Franz Ferdinand hack, but one cyber attack has the potential…
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Fauci Says U.S. Cases High; Cuomo Rejects Quitting: Virus Update
The U.S. recorded a full week with fewer than 70,000 daily Covid-19 cases for the first time since mid-October, though…
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Key to Resolving Covid’s Global Debt Crunch: Transparency
(Bloomberg Opinion) — The Covid-19 pandemic and the accompanying economic lockdowns have deepened inequality both within national borders and across…
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Junk Old Car, Get About 5% Rebate From Automakers On New Purchase: Nitin Gadkari
Consumers who are going to junk their old vehicles and buy a new one under the Vehicle Scrapping Policy will…
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Fertilizer Sales Takes A Breather In February: Prabhudas Lilladher
BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset…
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PVR To Invest Rs 150 Crore To Add 30-40 Screens Next Fiscal
Multiplex major PVR Ltd. plans to invest Rs 150 crore to open up to 40 screens across the country in…
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Parliament To Reconvene From Monday To Continue Budget Session
The month-long second part of the Budget session of Parliament begins on Monday in the middle of a high octane…
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Mutual Funds’ Selling Spree Continues As They Withdraw Rs 16,306 Crore From Equities In February
Mutual funds pulled out Rs 16,306 crore from equities in February, making it the ninth consecutive monthly outflow as small…
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India’s Economic Recovery Holds Up; But Upturn In Virus Curve A Worry: Nirmal Bang
BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset…
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Mines Ministry Seeks Provision To Auction Mineral Blocks In Certain Cases
The Mines Ministry has proposed a clause to enable the central government to auction mineral blocks in case the states…
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Startup Street: An Accelerator’s Advice To Founders—Don’t Go Chasing The Money
Since its inception in 2017, India Accelerator has mentored over 70 early startups including the likes of now established Galaxy…
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Hackers Breach Thousands of Microsoft Customers Around the World
(Bloomberg) — A sophisticated attack on Microsoft Corp.’s widely used business email software is morphing into a global cybersecurity crisis,…
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U.S. Cases Ease Further With Stimulus on the Way: Virus Update
U.S. Covid-19 cases increased by about 65,000 Friday, in a week in which new infections declined by 12%. Many states…
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What’s in the $1.9 Trillion Stimulus Bill Passed by the Senate
(Bloomberg) — Senate Democrats passed the latest version of the $1.9 trillion stimulus bill after a more than 24-hour voting…
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Biden’s Style Belies Ambitions Beyond Undoing Trump Legacy
(Bloomberg) — The new U.S. president starts his days with an early morning workout in the gym of the White…
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CEO of Top Irish Securities Firm Davy Resigns After Scandal
(Bloomberg) — Brian McKiernan, chief executive of Ireland’s biggest securities firm Davy, resigned after regulators accused the company of a…
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One U.S. State’s Laser Focus on Data Helps Shrink Racial Vaccine Gap
North Carolina is among the best-performing U.S. states when it comes to distributing vaccines evenly among Black and White residents. That’s partly…
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Brands Gained, Social Media Influencers Thrived During Pandemic
The company used social media celebrities to talk about immunity, health and wellness. Most Dabur brands, Phakey said, have increased…
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U.S. Curbs Ease; California Hits Vaccine Landmark: Virus Update
(Bloomberg) — Over 10 million vaccine doses have been now administered in California, the state’s governor Gavin Newsom said in…
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